Current Economic Trends
In July, services production and facilities investment increased, while industrial production, retailsales, and construction investment decreased. In August, job growth increased and consumer pricesgrowth slowed down. In July, total production fell (down 0.4% m-o-m and up 2.7% y-o-y), as industrial production (down 3.6%m-o-m and up 5.5% y-o-y) and construction production (down 1.7% m-o-m and down 5.3% y-o-y) declined while services production increased (up 0.7% m-o-m and up 2.2% y-o-y). In July, facilities investment increased (up 10.1% m-o-m and up 18.5% y-o-y), while retail sales (do...